Answer
6000 at 12% interest and 2000 at 5% loss
Work Step by Step
0.12x-0.05(8000-x)=620
0.12x-400+0.05x=620
0.17x=1020
x=6000 at 12% gain
8000-6000=2000 at 5% loss
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.